Result Page 421 for Latest Economy & Markets News & Archive

US Ready to Sell F-35 Jet Fighters to India

The United States on Wednesday expressed interest in selling its most sophisticated fighter plane to India, just six months after New Delhi rejected two older U.S. warplanes.

Post-Market NASDAQ Movers (NVTL, WMGI, ANIK, MELI, THQI, HURN, QCOM, DNDN, VVTV, WBMD, NTRI, BGFV)

The top after-market NASDAQ Stock Market gainers are: Novatel Wireless, Wright Medical Group, Anika Therapeutics, Mercadolibre, THQ, Huron Consulting Group, and Qualcomm. The top after-market NASDAQ Stock Market losers are: Dendreon, ValueVision Media, WebMD Health, Nutrisystem, and Big 5 Sporting Goods.

Top After Market NYSE Losers (RLD, WFR, IO, RIG, PVA, WLT, HIG, EDR, TGP, PPO)

The top after market NYSE Losers on Wednesday were: RealD Inc, MEMC Electronic Materials, Ion Geophysical, Transocean, Penn Virginia, Walter Energy, Hartford Financial Services Group, Education Realty Trust, Teekay LNG Partners and Polypore International Inc.

Kraft Foods Profit Jumps 22 Percent in Third-Quarter Earnings

Kraft Foods Inc. (KFT) reported a 22 percent leap in third-quarter profits Wednesday from the same period a year ago. The company touted its investments in marketing and new products to help turn increased profits despite significantly higher prices.

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Visitors try Sony Corp's head mounted display personnal 3D Viewer HMZ-T1 and digital binocular DEV-3 at CEATEC JAPAN 2011 electronics show in Chiba

Sony on Track for Fourth Straight Year of Losses

Sony is forecasting a net loss of 90 billion yen ($1.15 billion), versus a prior expectation for a 60 billion yen profit.

Income Inequality Lowers U.S. Rank in U.N. Human Development Index

Although the U.S. ranks fourth in overall human development, when the scale is adjusted to account for income, health and education inequality, it falls to 23.

Mega Brands Q3 profit dips

Mega Brands (MB.TO: Quote) posted a marginal dip in third-quarter profit, partly on higher costs, but the Canadian toy-maker said it expected signs of recovery across all its segments ahead of the crucial holiday season.

No Risk to Closure of Procter & Gamble's Sale of Pringles to Diamond Foods: Analyst

Procter & Gamble Co. (NYSE: PG) said the sale of Pringles to Diamond Foods Inc. (NASDAQ: DMND) has moved from the front half to the back half of its fiscal year. The deal, which was earlier said to be closed by December 2011, is now expected to close before the end of June 2012.

Loonie strengthens as markets await Fed

The Canadian dollar strengthened against its U.S. counterpart in early trade on Wednesday as global markets settled between hope and fear amid Greek debt developments and ahead of a Federal Reserve meeting.

Bank of Canada chief says respects Greek referendum

Canada's central bank chief said on Tuesday he understands Greece's call for a referendum on the euro zone's latest bailout package, a plan that stunned other policymakers and triggered a downward spiral on global markets.

Pre-Market NASDAQ Movers (GRMN, SIMO, MGIC, EXEL, JDSU, SYMS, DMND, OPEN, EZCH, CTSH)

The top pre-market NASDAQ Stock Market gainers are: Garmin, Silicon Motion Technology, Magic Software Enterprises, Exelixis, and JDS Uniphase. The top pre-market NASDAQ Stock Market losers are: Syms, Diamond Foods, OpenTable, EZchip Semiconductor, and Cognizant Technology Solutions.

Small Business Borrowing Rises: PayNet

The growth of borrowing among small U.S. businesses moderated in September but the overall level still registered a 14th monthly double-digit increase in a fresh sign the economy is set to grow at a stable pace.

A realtor and bank-owned sign is displayed near a house for sale in Phoenix

Mortgage Applications Barely up Last Week: MBA

Applications for U.S. home mortgages were little changed last week as purchase demand improved but refinancing activity stagnated, an industry group said on Wednesday.

Traders work on the floor of the New York Stock Exchange

U.S. Shares Seen up after Tuesday's Plunge

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 1 percent.

World Stocks and Euro Rise as Markets Look to Fed, G20

World stocks and the euro edged up on Wednesday after a rollercoaster week, as investors hoped for comfort on the weak U.S. economy and troubled euro zone from meetings of the U.S. Federal Reserve and Group of Twenty leaders.

Top After Market NYSE Movers (SGY, KND, KMI, FOE, ING, S, PAY, MAS, SVU, NR)

The top after market NYSE gainers on Tuesday were: Stone Energy, Kindred Healthcare, Kinder Morgan, Ferro Corp and ING Group. The top after market NYSE Losers were: Sprint Nextel, Verifone Systems, Masco Corp, SuperValu and Newpark Resources.

Post-Market NASDAQ Movers (KTCC, MXIM, RSTI, SIMO, EBIX, QUIK, OPEN, THOR, WMGI, DMND)

The top after-market NASDAQ Stock Market gainers are: Key Tronic, Maxim Integrated Products, Rofin-Sinar Technologies, Silicon Motion Technology, and Ebix. The top after-market NASDAQ Stock Market losers are: QuickLogic, OpenTable, Thoratec, Wright Medical Group, and Diamond Foods.

Asian Stocks Continue Slide on Greek Vote Fallout

Asian shares fell and the euro stuck near 3-week lows against the dollar on Wednesday, as investors shed riskier assets after Greece's shock call for a referendum stoked fears about the viability of a European debt deal struck just last week.

Stocks in Focus (TWX, TSO, QCOM, HIG, KFT, SGY, NWSA, MA, CTSH, CLX, CMCSA, DVN)

The companies that are expected to see active trade on Wednesday are: Time Warner, Tesoro Corp, Qualcomm, Hartford Financial Services, Kraft Foods, Stone Energy Corp, News Corp, Mastercard, Cognizant Technology Solutions, Clorox, Comcast Corp and Devon Energy Corp.

Nikkei Sinks Again After Greek Shock

The Nikkei share average fell nearly 2 percent Wednesday after overseas shares skidded on Greece's surprise call for a referendum on a European bailout plan that investors had hoped would be the solution to the region's sovereign debt woes.

Hartawan Holdings Buying Wilton Resources for $242M

Singapore-listed Hartawan Holdings Ltd. said on Monday it plans to buy an Indonesian gold mining firm in a reverse takeover deal worth S$300 million ($242 million) that would see the firm get new controlling shareholders.

Australian Dollar Outlook: 3 Reasons to be Bearish

The outlook for the Australian dollar is dim, according to research from Westpac Institutional Bank, a major Australian bank.

Walgreen: Is Its Stock Headed to $40 and Beyond in 2012? - Stock Review

Is now a good time to consider the shares of giant drug store chain Walgreen (WAG)?

S.Africa's rand sees biggest daily loss since Sept

South Africa's rand weakened against the dollar on Tuesday as a Greek plan for a referendum on a bailout package raised worries that the euro zone debt crisis is far from over.

An electronic board displaying movements in major indices is seen at Johannesburg stock exchange in Sandton

S.African stocks fall for 2nd day led by miners

South African stocks ended sharply lower on Tuesday, extending the decline to two days as investors worldwide offloaded risky assets after Greece's shock move to hold a referendum on a rescue deal.

A worker carries out maintenance in a branch of Barclays bank in London

Barclays Kenya reaps from cost cuts, prudent lending

Barclays Bank of Kenya said on Tuesday its pretax profit increased 26 percent to 8.87 billion shillings in the nine months ended September, driven higher by the benefits of cost-cutting and sharply reduced bad loan provisions.

Winn-Dixie Sees First-Quarter Losses Shrink as Sales, Revenues Rise

Winn-Dixie Stores, Inc. (WINN) reported a first-quarter net loss of $24.1 million ($0.43 per share) on Monday, improving on its first-quarter losses from a year ago by nearly one-third.

U.S. Stocks - Is the Dow’s Pull-Back a Buying Opportunity?

To say that the bankruptcy filing of MF Global and a Greek referendum on its bailout package have unnerved institutional investors would be an understatement. Where's the Dow headed in the next 3-6 months?

FDA Approves Pacira's Pain Drug Exparel

Pacira Pharmaceuticals Inc. (NASDAQ: PCRX) said its drug Exparel, which is intended to treat pain following surgery, has been approved by the U.S. Food and Drug Administration. The company expects to launch Exparel in January 2012.

Two men exit the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York

MF Global Bankruptcy Filing Shows Company was in Push to Create Core Business Value, Not Looking to Liquidate

A look at the unsecured debts left behind in the wake of MF Global's bankruptcy show a surprising number of trade credit was owed to media companies.

Greek Prime minister Papandreou delivers a speech to Panhellenic Socialist Movement parliamentary group in Athens

Greek Referendum Call Ignites German Anger

Prime Minister George Papandreou's shock decision to call a referendum on Greece's bailout drew veiled threats from Germany on Tuesday and hammered markets edgy over the euro zone crisis.

Trader Richard Deviccaro of Morgan Stanley works on the floor of the New York Stock Exchange

U.S. Stock Futures Signal Another Bad Day on Wall Street

Futures pointed to a lower open on Wall Street on Tuesday, adding to losses in the previous session, with the shock announcement of a Greek referendum on its bailout dragging down markets worldwide.

Asian Stocks and Commodities Fall on Greek Shocker

Asian shares and commodities fell Tuesday, after a shock announcement that Greece will hold a referendum on a new EU bailout deal for the debt-ridden country threw efforts to resolve the euro zone's debt crisis into fresh doubt.

Post-Market NASDAQ Movers (NBIX, LEAP, WINN, NPSP, CSIQ, EXEL, PWAVD, CAVM, CDZI, GEOY)

The top after-market NASDAQ stock market gainers are: Neurocrine Biosciences, Leap Wireless International, Winn-Dixie Stores, NPS Pharmaceuticals, and Canadian Solar. The top after-market NASDAQ stock market losers are: Exelixis, Powerwave Technologies, Cavium, Cadiz, and GeoEye.

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